New Risk • Aug 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Finnish stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 98% Cash payout ratio: 135% Minor Risk Share price has been volatile over the past 3 months (6.0% average weekly change). Major Estimate Revision • Aug 06
Consensus EPS estimates increase by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from €61.4m to €65.4m. EPS estimate increased from €1.19 to €1.34 per share. Net income forecast to grow 14% next year vs 14% growth forecast for Capital Markets industry in Finland. Consensus price target up from €19.00 to €21.00. Share price was steady at €24.70 over the past week. Announcement • Jun 16
United Bankers Oyj (HLSE:UNITED) announces an Equity Buyback for 150,000 shares, representing 1.37% of its issued share capital. United Bankers Oyj (HLSE:UNITED) commences share repurchases on June 15, 2026, under the program mandated by the shareholders in the Annual General Meeting held on March 20, 2026. As per the mandate, the company is authorized to repurchase up to 150,000 shares, representing 1.37% of its issued share capital. The repurchases will be funded from the company's unrestricted equity. The purpose of the program is to develop the Company’s capital structure, to finance or carry out acquisitions, investments or other business transactions, to be used in the Company’s incentive plans, to be disposed for other purposes or to be cancelled. The authorization is valid until the end of the next Annual General Meeting, however, not later than June 30, 2026. As of February 26, 2026, the company had a total 10,963,043 shares in issue of which 77,268 shares were in treasury.
On June 5, 2026, the company announced a share repurchase program. Under the program, the company will repurchase 100,000 of its own shares, representing approximately 0.90% of the share capital, for a value not exceeding €2 million. The repurchase will start no earlier than June 8, 2026, and will end on March 31, 2027 at the latest or on the last trading day before the Annual General Meeting of 2027. 
